EddieJayonCrypto
16 Jun 25
Binance has issued a warning about scammers impersonating its support team to steal users' identities. Fraudsters may ask victims to scan fake QR codes or send videos of their faces under the guise of account verification. These stolen credentials could be used to bypass facial recognition security ...
Binance has issued a serious warning to its users about scammers impersonating support staff to steal identities. These fraudsters use fake QR codes and request face verification videos, claiming it is part of account security. Such stolen credentials can bypass facial recognition measures and grant unauthorized access to accounts. Binance urges users not to respond to suspicious requests involving video recordings or QR code scans.
The crypto world is abuzz with other notable developments. Solana’s founder has openly criticized the idea of altcoin projects holding Bitcoin, labeling it a misguided strategy. Meanwhile, Shiba Inu (SHIB) faces speculation that it might add another zero to its price, stirring excitement among investors.
On the technical front, XRP recently underwent three significant tests, while Ethereum (ETH) is approaching a golden cross—an indicator often seen as a bullish signal. However, not all voices in the crypto space are optimistic; a well-known hedge fund legend has disparaged Bitcoin supporters, calling them 'Ponzi cultists.'
Adding to concerns, cybersecurity firm CertiK reports over $2.1 billion in cryptocurrency thefts so far in 2025, highlighting the ongoing risks in the digital asset realm. Binance’s warning underscores the importance of vigilance as scammers continue to evolve their tactics, reinforcing the need for users to protect their identities carefully.